Thursday, November 15, 2018

The Importance of Employee Appreciation



With Thanksgiving right around the corner, it’s a great time to reflect on what you’re thankful for this season. Friends, family, health are top of the list for most - and rightfully so - but we think your hardworking employees should also be included on this list as well. Your employees are the life of your business, big or small, and it’s important to make sure they feel valued. Employee appreciation is crucial in the workplace, and while we think it’s an amazing idea to honor your employees during the upcoming holiday season, it’s also important to keep that momentum going year-round. So, we’ll give you insights into why employee appreciation is so important and few ideas on how to show your team your gratitude. 

First off, why is employee appreciation so important?
Employee appreciation is important for a multitude of reasons, but one simple point stands out to us - happy people translate into happy employees. It may sound obvious, but when you facilitate a positive and productive working environment employees feel valued, safe, and motivated. According to a survey by Recruiter Box, the number one reason most Americans leave their jobs is that they don’t feel appreciated. The same survey said, organizations with effective recognition programs have 31% lower voluntary turnover than organizations with ineffective programs. Does your team have a program in place? If not, you could start small and build upon your ideas. Below, we’ll show you a few easy ways to recognize employees year-round.

Public Praise - Everyone loves a deserved pat on the back, and praising your employees publicly provides a motivational boost to the entire dealership. This could be as simple as sending a company-wide email saying job well done or you can highlight the employee’s efforts at a staff meeting. A modern take on this idea is shouting out your team on your dealership’s social media page or website thanking them for their hard work.

Provide Fun Benefits - If employees are doing exceptional work, they should be rewarded. Providing bonus benefits to employees has the power to keep up morale and will ideally motivate your team to work harder in the long run. Hosting a team lunch or happy hour, providing a paid day off, or giving gift cards are just a few ideas on how to show employees your appreciation. Feel free to get creative with your ideas, after all, you know your employees best.

Get the Whole Team Involved - Letting team members recognize each other is a great way to increase employee appreciation in the workplace. Try asking employees to nominate their peers for employee of the month, or set up a board somewhere in the dealership where fellow coworkers can recognize other team members. It’s always great to hear from the boss, but getting peers to come together allows greater involvement in your recognition program.

Make Small Dealership Updates - If financially possible, making a few simple upgrades to your dealership can go a long way for employees. There’s no need for a full remodel, but adding a new state of the art coffee maker, or updating your break room can be a real motivational boost for your employees. Creating a dedicated space for your employees to gather and relax shows your team that you care about their well being and enjoyment at work.

These are just a few ideas to get you started, and if you haven’t started an employee appreciation program at your dealership, we encourage you to start small and see what works for best for your employees. Once you figure out what helps to motivate your team, you can build on that as time goes on.
Trader Online Web Developer

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